Question 98

Read the table and answer the given questions

If the imports in 2012 was Rs. 600 crores and the total exports in the years 2012 and 2013 together was Rs. 4400 crores, then the imports in 2013 was?

Solution

Imports in 2012 = Rs. 600 crores

Let Exports in 2012 = Rs. $$y$$ crores

Ratio of imports and exports in 2012 = 1.3

=> $$\frac{600}{y} = 1.3$$

=> $$y = \frac{600}{1.3} = 461.53$$

Total exports In the years 2012 and 2013 together = Rs. 4400 crores

=> Exports in 2013 = Rs. (4400 - 461.53) crores = Rs. 3938.47 crores

Let imports in 2013 = Rs. $$x$$ crores

Ratio of imports and exports in 2013 = $$\frac{x}{3938.47} = 1$$

=> $$x = 3938.47 \approx 3938$$

$$\therefore$$ Imports in 2013 was Rs. 3938 crores

=> Ans - (D)


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